Trip to Long Island's Gold Coast: Among the 1%, Many Variations (NY Times) The income gap: Unfair, or Are We Just Jealous? (NPR) Cost of globalization: White House Brags...
It's an uncomfortable fact of modern life that many iconic consumer products are built by people who could never afford to buy them. Yet there is great risk to...
There's an interesting post and comment stream over at Lou Lavelle's B-schools blog, about an alternative plan for funding a college education in California. The Fix UC proposal would...
Ronald Reagan famously popularized the Eleventh Commandment, "thou shalt not speak ill of any fellow Republican." Now that my colleague Josh Green has obtained a copy of the highly...
On the surface, the best news in last week's generally positive employment data was the big fall in the number of "discouraged workers"--folks who want work but have stopped looking...
Mitt Romney knew he'd eventually come in for a beating for his role as a buyout specialist who restructured companies, sometimes chopping jobs in pursuit of a profit. He...
Misreading college majors: How Art History Powers the Economy (View, Postrel) Beware narcissistic CEOs: The Ego Has Landed (WSJ) 12 years to close the gap: Shrinking Job Opportunities (Hamilton...
The jobs pictured brightened considerably at the end of 2011 -- and if you were in mining and oil, it's positively booming. This morning's Bureau of Labor Statistics report...
A front-page article in today's New York Times examines the long odds of rising from the lowest rungs of American society. It's a more complex issue, of more consequence,...
Yes, Virginia, people buy cars at Christmas. And last month, they bought a lot of them. Just not that many Lexuses. As you no doubt recall, last month we...
The rich seek refuge: New Art Buyers Boost 2011 Sales to $1.7 Billion (Bloomberg) Occupy's Rose Parade float: 70-foot octopus of corporate greed (LA Times) Resolutions: Saving the New...
"The Wealth Debate" is a running discussion of wealth, poverty, the economy and income inequality in the U.S. and the world. It was started shortly after the Occupy Wall Street movement sparked a global protest about the fallout from the financial crisis and money in politics. You can reach the editors, Dan Beucke and Mark Gimein, by email, or follow BloombergNow on Twitter to keep up with posts.
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